Here is a 6mo. chart showing what may be a (double) bottom and a little recovery. Volume has been low lately however (and mostly on the open or close in the last few days. Maybe the co. is buying back some shares?
The stock sure has acted better. Management has been pretty adamant about not buying back shares until 2013 when they project cash flow to be positive. Once again, the success of the Antares will be the driver here. Once the CRS launches are in full gear, ORB will be able to book the higher revenues associated with the contract which are sitting in receivables right now. At that point management will decide how to employ that positive cash flow,expected to be in the 150millon range over three years.